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IT major Infosys to acquire GuideVision

IT major Infosys on Monday announced a definitive agreement to acquire GuideVision, one of the largest ServiceNow Elite Partners in Europe.

GuideVision is an award winning enterprise service management consultancy specialised in offering strategic advisory, consulting, implementations, training and support on the ServiceNow platform. 

“The combination of scalable and agile nearshore capabilities of GuideVision in Europe, and their unmatched delivery excellence, complements our own effort to help global enterprises navigate their next. We are excited to welcome GuideVision and its leadership team into the Infosys family,” Ravi Kumar, President, Infosys was quoted in a press release.

GuideVision’s end-to-end offerings, including SnowMirror – a  proprietary smart data replication tool for ServiceNow instances – enables over 100 enterprise clients to simplify complex business and IT processes.

“GuideVision’s exceptionally high customer ratings are the result of our continuous effort to deliver superior consulting and implementation services,” the release quoted Norbert Nagy, Co-Founder of GuideVision as saying. 

“Joining Infosys brings an extended portfolio of services we can offer to our customers on their digital transformation journey. The global Infosys footprint is an exciting opportunity for both GuideVision customers and employees,” he added. 

The acquisition, for a cash consideration of EUR 30 million including earn-out and bonuses, is expected to close during the third quarter of FY 2021, subject to customary closing conditions.

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